Damage Deposit definition

Damage Deposit. The Renter shall leave the Leased Premises in the same condition as when they entered the Building prior to their use of the Building. Should the Leased Premises be damaged or left in poor condition, the damage deposit shall be used to correct such damage or condition. In the event that the damage deposit is insufficient to adequately correct such condition the Renter shall be responsible for the difference, payable in full within 30 days of notification. In the event that any deposit is left after the correction of any damage or poor condition the balance shall be returned to the Renter.
Damage Deposit. A separate Damage/Cleaning Deposit in the form of cash or check in the amount of $50.00 is required. Fees should be paid by TWO SEPARATE CHECKS. Each individual/organization who reserves the facility is responsible for cleaning the pavilion at the conclusion of their rental. We will retain the entire amount of your Damage/Cleaning Deposit if any cleaning or garbage removal is required by Township staff after your use of the pavilion. The Northridge Park Pavilion Cleaning/Inventory Checklist is attached. You must complete all the items listed and take your garbage with you when you leave. Any damage to property or building, above and beyond the damage/cleaning deposit fee will be billed to you. If there are no damages or cleaning required, your entire Damage/Cleaning Deposit will be mailed to you within 15 calendar days. In the event that a previous rental resulted in damage or required cleaning by Town Staff, a $150.00 deposit will be required prior to your next reservation. If a deposit is not returned a second time, you will be unable to make any future reservations for the Pavilion. In a case where damage is caused by negligence, the Town reserves the right to refuse future Pavilion reservations to your or your organization.
Damage Deposit means a fee or charge paid to the Town to meet all or a portion of the cost and expenses of remediating or repairing any damage to Town property or infrastructure, including, but not limited to roads, sidewalks, curbing or paved boulevards, water or sewage works, caused as a result of the use of such property or infrastructure or as a result of the carrying on of construction or demolition or other works on adjacent property.

Examples of Damage Deposit in a sentence

  • After that, the hourly rate applies) $ 75.00 Total Rental Fees Damage Deposit (daily) $250.00 Damage Deposit Returned AMOUNT RETURNED DATE RETURNED All booking fees, including damage deposits to be paid a minimum of two weeks prior to the event.


More Definitions of Damage Deposit

Damage Deposit means a pre-paid fee that is returned all or in part once a satisfactory inspection of the facility has been completed. All fees for repair or damages to the facility and/or its equipment/amenities and/or extra cleaning resulting from the rental will be deducted from the damage deposit;
Damage Deposit. Is due at the time of the signing of this agreement. The damage deposit is 50% of the total rental cost not to exceed more than $ 500.00 dollars. This deposit is considered your "Damage Deposit" and is not a part of your rental fee. It will be refunded after the conclusion of your rental within 30 business days. Damage Deposit Charges: $500 max/Entire Deposit – Outside Alcoholic Beverages $500 max/Entire Deposit – Damage to Sprinkler System $250 Excessive Carpet Staining/Cleaning Required $250 Set Up Changes after 7 day deadline $250 Wall/Table/Chair/Washroom Damages Rental groups shall be financially accountable for any unforeseen expenses incurred by the City of Elgin resulting from misuse or negligence on the part of the rental group and/or guests. Initial Rental Fee: Must be paid in full at least 30 days prior to your function date. Bar Fee: Must be paid 14 days prior to the event. You may add to, but not take away the number of guests after this deadline date.
Damage Deposit. This is a required refundable deposit that may be applied to the following: • The replacement cost of repair or additional cleaning to the amphitheater or its contents for loss or damage beyond normal wear and tear • Additional occupancy beyond the permitted time will be charged hourly at the regular rental rate. • Any reservation for which a rental fee is involved, full rental fee must be paid in advance of the use of the facility. • Additional charges may be assessed for property damage, at replacement cost • The Lessee is liable for all charges in excess of the deposit and must remit such fees to the Town within a reasonable amount of time, once any damage estimates have been assessed and documented. • If Lessee violates any of the terms or conditions of this Agreement, the Town shall have the right to immediately terminate without notice or refund, and the Town may pursue all of its lawful rights and remedies in equity including, without limitation, the right to recover court costs and attorney fees • All facility rental deposits made by check will be processed. • Deposits will be refunded within ten (10) business days of event, unless applied to applicant’s repair or replacement of Town property or contents. Town shall provide Applicant a detailed invoice for all funds used and refund the difference. CANCELLATION REFUNDS: • Full refund if Town cancels the event due to inclement weather or equipment or facility failure. • Full refund will be issued for Applicant’s advance cancellation notice of 20+ business days • Fifty percent (50%) refund will be issued for Applicant’s advance cancellation notice of 10-20 business days; otherwise, payment may be optionally credited to a future date if the schedule permits the Activity to be rescheduled within the same calendar year. • Refunds will not be issued for advance cancellation notice of less than 10 business days; (a “rain check” is available) • Timely cancellation notices must be received in writing to the Director or Town Clerk. Failure to notify the Director or Town Clerk of a cancellation will result in forfeiture of reservation fee. • Those violating Park rules are subject to suspension from the facility, immediate cancellation of the rental including loss of damage deposit/fees and prosecution in the event of a law enforcement violation as provided in the Code of Ordinances of the Town.
Damage Deposit means any pre-agreed damage deposit as described and requested of the Hirer by the Venue.
Damage Deposit. Registrant shall pay a $200.00 refundable damage deposit to the College upon the date of signing this agreement. The check will be held by the College and returned in part or in full to the Registrant. Registrant shall be held financially responsible for any and all damages to facilities including but not limited to tables, chairs, furniture, carpets, walls, wallpaper, fixtures, dinnerware, audiovisual equipment, doors, locks, telephone/computer lines and glass that result from Registrant’s use of premises. Upon completion of the event and inspection of the facility by facility manager, if any damages are noted (as stated above) the Registrant agrees to the forfeiture of the damage deposit to cover the cost of repairs. Any damages above the cost of the damage deposit will be the responsibility of the Registrant. Event Down Payment: Registrant shall make a down payment of 50% of total known charges, excluding damage deposit, upon the date of signing agreement.
Damage Deposit has the meaning given to it in clause 5.4;
Damage Deposit. Less Damages: • Less Cleaning: Refund total: Received By: (print name) Address: Date: Signature: BQCL Rep Name: BCQL Rep Signature: Facility Rental Agreement Schedule ARules & Regulations